Amazon is laying off "several hundred" employees at Prime Video and Amazon MGM Studios.
Amazon is laying off “several hundred” employees at Prime Video and Amazon MGM Studios. Additionally, 500 employees — or 35% of the workforce — are being let go at Amazon-owned livestream platform Twitch. “This is a difficult decision to make and one that my leadership team and I do not take lightly,” the company’s entertainment chief Mike Hopkins wrote in an email to staff Wednesday. “It is hard to say goodbye to talented Amazonians who’ve made meaningful contributions on behalf of our customers, team and business. Thank you for your dedication and work. To help with the transition, we are providing packages that include a separation payment, transitional benefits as applicable by country, and external job placement support.” Hopkins says Amazon will begin informing colleagues who are impacted by the studio layoffs Wednesday morning, and all staff in the Americas affected by the cuts will be notified this morning and in “most other regions by the end of the week.”
